Clearing encumbrances on the property before purchase or sale
Clearance of encumbrances prior to the purchase of a property is a fundamental process that every buyer should consider when purchasing a property. Clearance of encumbrances refers to the payment of outstanding debts that exist on the property prior to the transfer of...The lease-purchase contract
The lease-purchase contract is a legal document that gives the lessee the exclusive right to purchase the leased property for a specified price, term, and conditions.
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